Foster’s Exec: Unlikely to Split

Vol. 7, No. 199 Sept. 29, 2003Foster's Exec: Unlikely to SplitAmid continuing speculation that Foster's Group will split off its beer division and possibly sell it, the managing director of Foster's beer division, Trevor O'Hoy, says it is highly unlikely Foster's will split into two parts, according to an interview in the Australian Financial Review. O'Hoy is expected to take Ted Kunkel's place as CEO next year, so his views carry weight. He said there are far more benefits for